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v0.1
SAN$12.38-0.84%
Fair $12.38+0.0%

SAN

Banco Santander, S.A.

Financial Services / Banks - DiversifiedNYSE

$12.38

-0.10 (-0.84%)

Fairly Valued+0.0%Fair Value $12.38Fund rank 16/100 · Data gapFallback financials|
SA 38/D
F-Score: 4/9
High Debt

Book/ROE base 3Y

n/d

n/d CAGR · P/B n/d

Book/ROE base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 100% · confianza 20%

Book/ROE escenarios

weak_data · book/share n/d · quality 49.0/100

Data gap 16/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 0/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

38/100

D

Piotroski

4/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 1unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); financial Book/ROE targets are disabled until manually verified. Debt-to-Equity ratio is 3.16, above the 2.0 threshold
Thesis & Journal · SANLocal privado en este navegador · Banco Santander, S.A.
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$178.2B

P/E

12.0x

↓

EV/EBITDA

N/A

•

ROE

13.7%

↑

Gross Margin

N/A

•

Debt/Equity

3.16

↑
52-Week Range$12
$8$13

TradingView lightweight chart

SAN price, volumen y niveles de valoración

Último $12.38Periodo +6.5%
Fair value: $12.38

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

+3.4%

FCF CAGR

—

FCF margin

-37.5%

FCF / Net income

-1.60x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $60.02B · net income $14.10B · FCF $-22.49B

2022-FY → 2025-FY

Gross margin

—— pts

Operating margin

—— pts

Net margin

23.5%+5.8% pts

FCF margin

-37.5%-68.6% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$60.02B$60.02B$60.30B$56.69B$54.22B
Net Income$14.10B$14.10B$12.57B$11.08B$9.61B
EPS0.900.900.770.650.54
Net Margin23.5%23.5%20.9%19.5%17.7%
Balance Sheet
Debt/Equity3.163.163.323.263.18
Cash Flow
Free Cash Flow$-22.49B$-22.49B$-34.75B$-8.63B$16.87B
Returns
ROE13.7%13.7%12.8%11.6%10.8%
Valuation
P/E12.0112.015.856.515.96
P/B1.801.800.710.720.61
Growth & Yield
Revenue Growth-0.5%-0.5%6.4%4.6%—
EPS Growth17.2%17.2%18.0%21.2%—
Dividend Yield2.2%2.2%———

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

6.9%

razonable

EPS terminal req.

$1.10

Spread vs growth

10.3%

5Y implied EPS CAGR

8.1%

razonable

EPS terminal req.

$1.33

Spread vs growth

9.1%

10Y implied EPS CAGR

9.0%

razonable

EPS terminal req.

$2.14

Spread vs growth

8.1%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total +57.5%

Total return

+57.5%

Start / end P/E

10.4x → 13.8x

EPS bridge

0.77 → 0.90

Residual

+5.6%

EPS growth+17.2%
Multiple rerating+32.5%
Dividend+2.2%
Residual / FX / buybacks / cross-term+5.6%

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.